{"id":66218,"date":"2019-07-23T10:05:10","date_gmt":"2019-07-23T02:05:10","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/idc-2019-predictions-attributes-2-billion-in-new-spending-related-to-3d-printed-products.3dm"},"modified":"2019-07-23T10:05:10","modified_gmt":"2019-07-23T02:05:10","slug":"idc-2019-predictions-attributes-2-billion-in-new-spending-related-to-3d-printed-products","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/idc-2019-predictions-attributes-2-billion-in-new-spending-related-to-3d-printed-products\/","title":{"rendered":"IDC 2019 predictions attributes $2 billion in new spending related to 3D printed products"},"content":{"rendered":"<aside class=\"share-article-vertical hide-on-print fixed-me show-for-medium\">\n<h6>0<span>Shares<\/span><\/h6>\n<p><i class=\"fa fa-facebook\"><\/i><span>0<\/span><br \/>\n<i class=\"fa fa-twitter\"><\/i><span>0<\/span><br \/>\n<i class=\"fa fa-google-plus\"><\/i><span>0<\/span><br \/>\n<i class=\"fa fa-linkedin\"><\/i><span>0<\/span><br \/>\n<\/aside>\n<div class=\"post-content-container\">\n<div class=\"post-content entry-content cf\">\n<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<div class=\"dpsp-total-share-wrapper\"><span class=\"dpsp-total-share-count\">17<\/span><span>shares<\/span><\/div>\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">17<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">0<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">0<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p><span style=\"font-weight: 400;\">The <\/span><span style=\"font-weight: 400;\">International Data Corporation<\/span><span style=\"font-weight: 400;\"> (IDC) has released ten predictions<\/span><span style=\"font-weight: 400;\"> that will significantly impact the 3D printing market over the next thre<\/span><span style=\"font-weight: 400;\">e to five years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As a result of its worldwide research, one of IDC forecasts attributes ongoing <\/span><span style=\"font-weight: 400;\">trade wars<\/span><span style=\"font-weight: 400;\"> and manufacturing automation to a 40% drive in additive manufacturing implementation by discrete manufacturers worldwide by 2021.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, the IDC analysts believe that by 2022, 75% of all new 3D printers will support new materials with properties like gel and rubber, thus driving $2 billion in new spending related to 3D printed products.<\/span><\/p>\n<p><b>The race to innovation<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Headquartered in <\/span><span style=\"font-weight: 400;\">Framingham, Massachusetts, IDC employs <\/span><span style=\"font-weight: 400;\">more than 1,100 analysts located in over 50 countries. With 49% of its analysts active in emerging markets, the company boasts global, regional and local expertise on technology and industry trends and conducts primary demand-side research with more than 350,000 end users surveyed annually.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Earlier this year, IDC updated its <\/span><span style=\"font-weight: 400;\">Worldwide Semiannual <a href=\"\/service\/3d-printing\"> Spending Guide<\/span><span style=\"font-weight: 400;\"> forecasting market-wide spending on additive manufacturing throughout 2018 to be approximately $12 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><span style=\"font-weight: 400;\">IDC FutureScape: Worldwide <a href=\"\/service\/3d-printing\"> 2019 Predictions<\/span><span style=\"font-weight: 400;\">, headed by <\/span><span style=\"font-weight: 400;\">Keith Kmetz, the Program Vice President of IDC&#8217;s Imaging, Printing &amp; Document Solutions programs, offers guidance for managing the forecasted future of additive manufacturing regarding IT investments and implementation strategies.<\/span><\/p>\n<figure id=\"attachment_127239\" style=\"width: 544px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-127239\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/01\/44313F76-52CB-4358-9CE8-BFB76613AAA5.jpeg\" alt=\"Chart showing top spends by application as forecasted by IDC. Image via IDC\" width=\"544\" height=\"450\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/01\/44313F76-52CB-4358-9CE8-BFB76613AAA5.jpeg 544w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/01\/44313F76-52CB-4358-9CE8-BFB76613AAA5-200x165.jpeg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/01\/44313F76-52CB-4358-9CE8-BFB76613AAA5-500x414.jpeg 500w\" sizes=\"(max-width: 544px) 100vw, 544px\" \/><figcaption class=\"wp-caption-text\">Chart showing top spends by application as forecasted by IDC earlier this year. Image via IDC.<\/figcaption><\/figure>\n<p><b>The future of additive manufacturing<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The IDC 3D printing predictions have been categorized under different themes as seen from the graph below; the forecasts are also numbered for identification. The first (1) prediction states that by 2021, 40% of the top 2,000 manufacturers will utilize 3D printing combined with intelligent machine tools to optimize material usage, thus reducing waste by at least 25%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The second (2) claims that despite rapid ongoing advances in <\/span><span style=\"font-weight: 400;\">3D bioprinting<\/span><span style=\"font-weight: 400;\">, patient-specific durable medical devices will account for 80% of the commercial healthcare 3D printing market in 2023. As previously mentioned, analysts predict that (3) trade wars and automation will have driven more than 40% of discrete manufacturers towards 3D printing by 2021.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, within the healthcare sector, (4) by 2022, 75% of all new 3D printers will support new materials with properties like gel and rubber, thus driving $2 billion in new spending related to 3D printed products.<\/span><\/p>\n<figure id=\"attachment_145141\" style=\"width: 631px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-145141\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/12\/idc-graph-1.png\" alt=\"IDC FutureScape: Worldwide <a href=\"> Predictions. Image via IDC.&#8221; width=&#8221;631&#8243; height=&#8221;507&#8243; srcset=&#8221;https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/12\/idc-graph-1.png 631w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/12\/idc-graph-1-200&#215;161.png 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/12\/idc-graph-1-500&#215;402.png 500w&#8221; sizes=&#8221;(max-width: 631px) 100vw, 631px&#8221; \/><figcaption class=\"wp-caption-text\">IDC FutureScape: Worldwide  Predictions. Image via IDC.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Moreover, it is estimated that (5) by 2021, 30% of electronics manufacturers worldwide will have incorporated <\/span><span style=\"font-weight: 400;\">3D printed electronics<\/span><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">4D printing<\/span><span style=\"font-weight: 400;\"> to address the demand of stretchable and flexible electronics amid growing IoT adoption. Before 2023,(6) 50% of industrial and professional 3D prints will be influenced by <\/span><span style=\"font-weight: 400;\">generative design<\/span><span style=\"font-weight: 400;\">, topology optimization, and marketplace software.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Within advanced industries, (7) by 2020, 3D printing advances will have driven more than 50% of aerospace manufacturers worldwide to partner with industry-standards development groups to formalize the use of 3D printing. Also within software developments, (8) by 2024, 35% of 3D printer CAD files will be protected by blockchain as companies look for decentralized low-cost options to protect digital IP from theft and loss.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Looking at the consumer markets, it is believed that by 2021 (9), every major international footwear manufacturer will produce, market, and sell an athletics shoe line that is nearly 100% 3D printed. Finally, the tenth prediction (10)  forecasts that by 2022, 20% of 3D printer equipment manufacturers will have adopted an &#8220;as a service&#8221; model as the primary avenue to reach customers and maximize their market potential.<\/span><\/p>\n<figure id=\"attachment_132404\" style=\"width: 880px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-132404 size-full\" style=\"color: #333333;\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/04\/FUSED-footwear-entirely-3D-printed-shoes.-Photo-via-FUSED..jpg\" alt=\"\" width=\"880\" height=\"880\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/04\/FUSED-footwear-entirely-3D-printed-shoes.-Photo-via-FUSED..jpg 880w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/04\/FUSED-footwear-entirely-3D-printed-shoes.-Photo-via-FUSED.-300x300.jpg 300w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/04\/FUSED-footwear-entirely-3D-printed-shoes.-Photo-via-FUSED.-770x770.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/04\/FUSED-footwear-entirely-3D-printed-shoes.-Photo-via-FUSED.-200x200.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/04\/FUSED-footwear-entirely-3D-printed-shoes.-Photo-via-FUSED.-500x500.jpg 500w\" sizes=\"(max-width: 880px) 100vw, 880px\" \/><figcaption class=\"wp-caption-text\">FUSED footwear, entirely 3D printed shoes. Photo via FUSED.<\/figcaption><\/figure>\n<p><em><span style=\"color: #666666; font-size: 16px;\">Make your nominations for the 2019  Industry Awards <\/span>here<span style=\"font-weight: 400;\">.<\/span><\/em><\/p>\n<p><em><span style=\"font-weight: 400;\">Also, for all the latest 3D printing news, <\/span><\/em><i><span style=\"font-weight: 400;\">subscribe to our free newsletter<\/span><\/i><i><span style=\"font-weight: 400;\">, <\/span><\/i><i><span style=\"font-weight: 400;\">follow us on <\/span><\/i><i><span style=\"font-weight: 400;\">Twitter<\/span><\/i><i><span style=\"font-weight: 400;\"> and like us on <\/span><\/i><i><span style=\"font-weight: 400;\">Facebook<\/span><\/i><i><span style=\"font-weight: 400;\">.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">To commence your career in additive manufacturing or post new opportunities, join<\/span><\/i> <i><span style=\"font-weight: 400;\"><a href=\"\/service\/3d-printing\"> Jobs<\/span><\/i><i><span style=\"font-weight: 400;\">.<\/span><\/i><\/p>\n<p><em><span style=\"font-weight: 400;\">Featured image shows a depiction of advanced and connected technologies. Image via IDC.<\/span><\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>0Shares 0 0 0 0 17shares 17 0 0 The International Data Corporation (IDC) has released ten predictions that will significantly impact the 3D printing market over the next three to five years. As a result of its worldwide research, one of IDC forecasts attributes ongoing trade wars and manufacturing automation to a 40% drive [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182286,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/01\/44313F76-52CB-4358-9CE8-BFB76613AAA5.jpeg","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170,64,158],"class_list":["post-66218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting","tag-aerospace","tag-space"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IDC 2019 predictions attributes $2 billion in new spending related to 3D printed products - 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